Alan Burr Joins Sucden Financial Hong Kong as LME Metals and Options Trader
- He was director and head of metals trading at Société Générale in Hong Kong and Singapore before.
Sucden Financial, a multi-asset Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, clearing and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider, appointed Alan Burr for LME metals and options trading at its Hong Kong subsidiary, Finance Magnates has learned.
The firm said that the appointment of Burr will help enhance the Hong Kong hub’s market making to add liquidity in the region.
Burr will primarily focus on LME metal products, including options and average price contracts, working directly with the category one LME member’s London trading team, according to the company’s announcement. In time, Burr will look to add precious metals and iron ore.
Before joining Sucden Financial, Burr was director and head of metals trading at Société Générale in Hong Kong and Singapore, responsible for trading and providing market making of metals products, covering base and precious metals and iron ore.
Long career
His career started at Natixis Commodity Markets Limited in 1995. Burr became a floor dealer in 1999 before moving to Natixis Asia Limited as director and head of metals Asia in Hong Kong. In 2012, he moved to Newedge Financial Hong Kong Limited as a director and head of metals, establishing a new team across sales, trading and e-business.
“I am delighted to welcome Alan, who brings a wealth of on-the-ground experience dealing with clients in the Asia region. His appointment will boost our already established presence in the area, as we continue to grow our international business during these unprecedented times,” Marc Bailey, chief executive officer at Sucden Financial, said.
Sucden Financial, a multi-asset Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, clearing and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider, appointed Alan Burr for LME metals and options trading at its Hong Kong subsidiary, Finance Magnates has learned.
The firm said that the appointment of Burr will help enhance the Hong Kong hub’s market making to add liquidity in the region.
Burr will primarily focus on LME metal products, including options and average price contracts, working directly with the category one LME member’s London trading team, according to the company’s announcement. In time, Burr will look to add precious metals and iron ore.
Before joining Sucden Financial, Burr was director and head of metals trading at Société Générale in Hong Kong and Singapore, responsible for trading and providing market making of metals products, covering base and precious metals and iron ore.
Long career
His career started at Natixis Commodity Markets Limited in 1995. Burr became a floor dealer in 1999 before moving to Natixis Asia Limited as director and head of metals Asia in Hong Kong. In 2012, he moved to Newedge Financial Hong Kong Limited as a director and head of metals, establishing a new team across sales, trading and e-business.
“I am delighted to welcome Alan, who brings a wealth of on-the-ground experience dealing with clients in the Asia region. His appointment will boost our already established presence in the area, as we continue to grow our international business during these unprecedented times,” Marc Bailey, chief executive officer at Sucden Financial, said.